Feb 7, 2013 9:00pm PST
by contributions to your pbs station from viewers like you. and by the corporation for public broadcasting. major support for frontline is provided by the john d. and catherine t. macarthur foundation, committed to building a more just, verdant and peaceful world. more information is available at macfound.org. additial fding iprovid by the park foundation, dedicated to heightening public awareness of critical issues. and by the frontline journalism fund, supporting investigative reporting and enterprise journalism. >> although this downturn started in the housing sector and inhe financial sector, you're seeing a lot of things being hit. >> today's numbers suggest job losses are accelerating. >> that's the biggest loss since 1974. the unemployment rate... >> narrator: in 2009, wall street bankers were on the defensive. the great american mortgage bubble had burst. >> this is a huge amount of money. >> narrator: the economy was in ruins and wall street bankers were being blamed. bankers admitted they had miscalculated. but they were also worried that they could be held criminally liable for fraud.
Feb 23, 2013 4:30pm EST
about prohibition is by someone named daniel. it served as the basis for the recent pbs documentary series. i'm not sure the director. a whole section in the book, not very long, but the myth of joe kennedy actually being involved in smuggling. he did make money and credit the in the probation. statistically speaking he was more of a speculator and a smuggler. but somehow the, it is interesting. there is this sort of taken for granted mythology that made this money bootlegging. no. the real -- the real profits years in this particular story word the brosnan is from canada who got seagram's. and then some of the family members actually founded the center for european studies at harvard and funded many totally respectable legitimate institutions in canada. they got there start through prohibition. they post, sometimes aggressively competitors aside. so they had this question of origins and complete lead not legit after prohibition. so actually a much bigger story than almost any alcohol smuggling family that we can point to. >> the california wine industry also got a huge boost from p